Prime pumps A state law mandating replacement of underground storage tanks is driving gas station owners to sell at a time when interest is brisk in the properties most suitable for redevelopment. Many are viewed as development opportunities but others are sold to continue as service stations at a time when gas prices are high. …
Category Archives: Legal
Facing huge debts, investors ponder next steps
Facing huge debts, investors ponder next steps As lenders begin to seize houses that were purchased in an unusual series of transactions two years ago, investors are attempting to arrange complicated sales and several are beginning to struggle with difficult decisions on whether to file for bankruptcy. Nurses and other middle-class investors bought more than …
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Listen Up: Four Scams That Fool New Yorkers
Listen Up: Four Scams That Fool New Yorkers Let’s not get ripped off today, okay. City dwellers pride themselves on being smart. We are not the kind of people who are going to hold money for an importunate prince in Nigeria, or to send our bank account information to some Joe who has the skills …
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Conversion delays ending for Boca, Palm Beach condos
Conversion delays ending for Boca, Palm Beach condos Condo converter Ceebraid-Signal promises progress in two of its troubled projects, both of which have experienced significant delays and been the subject of liens and lawsuits. Company officials say they will resume work on the long-delayed Eden Condominium project in Boca Raton next month.
Carolina Mall Owners Deal in Alleged Real Estate Scam [South Carolina]
Carolina Mall Owners Deal in Alleged Real Estate Scam [South Carolina] A failing mall in Columbia, S.C., is now under scrutiny to discover what happened to cause its fall over a 20-year time span. Now named Midtown at Forest Acres, the mall has previously been known as Richland Mall, and Richland Fashion Mall. Although the …
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Towers can’t dig out of hole [Northern California]
Towers can’t dig out of hole [Northern California] It’s just a hole in the ground near the Sacramento River right now. But to get an idea of what might be built where John Saca tried and failed to erect two 53-story high-rises, look 2,700 miles east to the banks of the Potomac. That’s where CIM …
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